Brown-Forman Corporation

NYSE:BF.B Stock Report

Market Cap: US$19.5b

Brown-Forman Past Earnings Performance

Past criteria checks 5/6

Brown-Forman has been growing earnings at an average annual rate of 0.8%, while the Beverage industry saw earnings growing at 12.5% annually. Revenues have been growing at an average rate of 6.1% per year. Brown-Forman's return on equity is 28.5%, and it has net margins of 24.2%.

Key information

0.8%

Earnings growth rate

0.8%

EPS growth rate

Beverage Industry Growth4.4%
Revenue growth rate6.1%
Return on equity28.5%
Net Margin24.2%
Next Earnings Update05 Dec 2024

Recent past performance updates

Recent updates

Brown-Forman: Jack Daniel's Tennessee Whiskey Is Out Of Favor, But Only Temporarily

Nov 18

Brown-Forman: Stock Price Likely To Stay Rangebound (Maintain Hold Rating)

Sep 12

Brown-Forman Corp: Multiple Growth Catalysts

Apr 24

Brown-Forman: Normalization Year In FY24; Initiate With 'Buy'

Mar 21

Brown-Forman: Valuation Has Gone Down, But So Has The Industry Growth Outlook

Jan 05

Brown-Forman: Spirit Company Priced Like A High-End Cocktail

Dec 02

There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital

Sep 16
There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital

Brown-Forman: Expectation Remains High At 31x Forward P/E

Sep 04

Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet

Aug 04
Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet

A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)

Jul 20
A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)

Brown-Forman's Premium Brands Drive Profitability In The Spirits Industry

Jul 09

Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital

May 06
Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital

We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt

Apr 18
We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt

Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 17
Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value

A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital

Jan 25
A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital

Brown-Forman declares $0.2055 dividend

Jan 24

Brown-Forman: A Baby Boomer Bubble Stock

Jan 11

These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely

Jan 09
These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely

Brown-Forman FQ2 2023 Earnings Preview

Dec 06

Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055

Nov 21
Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055

Revenue & Expenses Breakdown

How Brown-Forman makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:BF.B Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jul 244,0919881,3400
30 Apr 244,1781,0241,3580
31 Jan 244,2609651,3450
31 Oct 234,2727801,3440
31 Jul 234,2597651,3130
30 Apr 234,2287831,2660
31 Jan 234,1787271,2650
31 Oct 224,1348861,1980
31 Jul 224,0348951,1680
30 Apr 223,9338381,1410
31 Jan 223,7498071,1420
31 Oct 213,6237671,1420
31 Jul 213,6147711,1230
30 Apr 213,4619031,0760
31 Jan 213,3589119860
31 Oct 203,3469239650
31 Jul 203,3509659840
30 Apr 203,3638271,0300
31 Jan 203,3988581,0450
31 Oct 193,4038541,0540
31 Jul 193,3248211,0480
30 Apr 193,3248351,0590
31 Jan 193,3137861,1680
31 Oct 183,2877491,1880
31 Jul 183,2917391,1970
30 Apr 183,2487171,1790
31 Jan 183,2107521,0820
31 Oct 173,1407441,0580
31 Jul 173,0567031,0550
30 Apr 172,9946691,0500
31 Jan 173,0281,0461,0600
31 Oct 163,0291,0531,0720
31 Jul 163,0531,0551,0870
30 Apr 163,0891,0671,1050
31 Jan 163,0996861,1120
31 Oct 153,1036821,1120
31 Jul 153,1266901,1280
30 Apr 153,1346841,1340
31 Jan 153,0846761,1600
31 Oct 143,0536681,1610
31 Jul 143,0106661,1320
30 Apr 142,9916591,1220
31 Jan 142,9626391,0870

Quality Earnings: BF.B has a large one-off gain of $258.0M impacting its last 12 months of financial results to 31st July, 2024.

Growing Profit Margin: BF.B's current net profit margins (24.2%) are higher than last year (18%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BF.B's earnings have grown by 0.8% per year over the past 5 years.

Accelerating Growth: BF.B's earnings growth over the past year (29.2%) exceeds its 5-year average (0.8% per year).

Earnings vs Industry: BF.B earnings growth over the past year (29.2%) exceeded the Beverage industry 10.8%.


Return on Equity

High ROE: BF.B's Return on Equity (28.5%) is considered high.


Return on Assets


Return on Capital Employed


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